Mixed

April 28, 1986|By Susan Strother

MIAMI — Ryder System Inc. reported first-quarter revenue of $853 million, up 33 percent from $640 million a year earlier. But profit for the Miami-based trucking and aviation company rose to only $22.6 million, or 43 cents a share, compared with $20 million, or 42 cents a share a year earlier. The company said that earnings were held down by mixed results for its insurance- management business.